March 29, 2024

Economic yearbook 2011

Central - Yearbook

Jerry Jackson | 4/1/2011

Orlando and Orange County are forecast to lead the state's recovery in many ways, but deep cuts in government spending and ongoing real estate woes are weighing on the four-county metro area.

Central Florida

ORANGE COUNTY GOALS

> Lead a regional effort to develop commuter rail.

> Foster job growth countywide in specific industries such as trade, tourism, healthcare and "clean technology."

> Boost government accountability by improving the county's ethics laws and implementing whistle-blower protection.

Jobs
MSA DEC. 2010 DEC 2009 % Change Jobless Rate
Orlando/ Kissimmee/ Sanford 996,660
984,199 +1.3% 11.3%
Source: Agency for Workforce Innovation

Homes Single-family, existing-home sales by Realtors
MSA Jan. 2011 Sales 1-Year Change Jan. 2011 Price 1-Year Change
Orlando
1,826
+5% $119,700 -3%
Source: Florida Realtors

Orange Population: 1,116,679
Population Growth Rate (2007-11): 1.17%
Population by Age:
0-14
15-19 20-39 40-64 65+
21.0%
6.7% 27.1% 29.3% 15.9%
Per Capita Income: $35,738

Roger Oxendale
Roger Oxendale, CEO of Nemours Children's Hospital (above) at the $1.3-billion "Medical City" mega-project under construction at Lake Nona in southeast Orlando. It is "one of the most important developments" in the state in 2011, says Sean Snaith, director of the Institute for Economic Competitiveness at the University of Central Florida. With the UCF medical school, VA hospital, Sanford-Burnham Medical Research Institute, Nemours Children's Hospital and science and technology businesses under way or planned, the local cluster's job creation and pay scale benefits will ripple through the region and along the Space Coast. [Photo: Brook Pifer]

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